How to overcome the challenges faced by women entrepreneurs?
A woman is like a tea bag - you can't tell how strong she is until you put her in hot water.
- Eleanor Roosevelt
In the previous blog, we listed out the top 5 challenges faced by women entrepreneurs.
In this one, we’d like to share how women entrepreneurs can overcome those challenges.
Support and Guidance
When you have someone to look up to, you are motivated and less afraid to walk down a similar path. Women Entrepreneurs need to connect to, talk to, and network with, other women entrepreneurs. It will build up their confidence with a feeling of security and comfort. They should also be provided with resources that they can utilize to develop their businesses.One of the most important supports that women can get is from their family. If family members help and support women in their journey, it will be much easier for them to run their business and maintain a balance between their professional and personal lives.
“The hardest arithmetic to master is that which enables us to count our blessings.” – Eric Hoffer
It is popularly said that an entrepreneur needs 4 things to be successful – knowledge, expertise, practice, and contacts. This aspect has a lot to do with society. Creating awareness and encouraging Women entrepreneurs is going to bring a wave of change and give women their own space in the male-dominated society.
Pitching investors with confidence and a great business plan
Also, more female investors can form angel investing groups to support more female entrepreneurs. There are groups like #Angels and Hera Fund that are helping women-owned enterprises with funding. When pitching in from of investors, women should be prepared for any kind of questions and they should focus on showing the investors how they will scale up and grow their business.
Having a good network is essential and so is asking for help. Women should come forward to help other women and similarly, women should feel free to ask for any assistance. No one will help unless you ask, and be very specific about what you want. You never know who might help. There are a lot of podcasts, blogs and other forms of content to help you out. Moreover, if you are active on social media, you can connect to the globe and you’ll definitely find what you need.
Change in attitude
Transformation outside needs a transformation inside. Women will have to accept that they may fail; they will have to be more willing to take risks. They have to be motivated, trained and prepared for the world they will be facing in their journey. They need to understand that to be successful, they don’t need to turn into sturdy people. They only need to be themselves and have faith and belief in the person they look in the mirror every day. They have to be confident enough to instruct their sub-ordinates and talk business with other people, especially their male counterparts.
Making finance easy
Women should be made aware of the existing schemes and policies for providing their enterprise with funding. Banks and government should also understand the financial requirements of women-owned enterprises and provide financial support to them.
Entrepreneurship is challenging for both men and women but there are certain things that make it even more difficult for women to grow in the business world. Overcoming gender bias and choosing entrepreneurship is one of the big steps that a woman entrepreneur takes. All we need to do as a society is to provide enough support to women to make this path easier for them. HappyChases celebrates all the Women Entrepreneurs and encourages them to follow their hearts and achieve their dreams. Do you need guidance to grow your business? We are more than happy to answer your queries at
Keep growing. 😊